# Memo Bank Authenticator vs Pennylane

The clearest difference is review sentiment: Pennylane at 67% against Memo Bank Authenticator's 0%. Pennylane also leads on update cadence (weekly vs every 3 months). Memo Bank Authenticator's advantage is iOS requirement (14.0 vs 16.4). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Memo Bank Authenticator ships an update every 3 months, Pennylane weekly. The most recent releases landed on June 19, 2026 and September 23, 2026 respectively.

## The numbers

| Metric | Memo Bank Authenticator | Pennylane |
| --- | --- | --- |
| Price | Free | Free |
| Rating | — | **[4.6 (35 ratings)](https://appshunter.io/ios/app/pennylane/id1574490312/reviews)** |
| Number of ratings | — | **35** |
| Positive reviews | 0.0% of reviews | **66.7% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 3 months | **Weekly** |
| Monetization | Free | Free |
| Size | 22 MB | 150 MB |
| Requires iOS | **14.0** | 16.4 |
| Devices | iPhone, iPod | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Memo Bank SA](https://appshunter.io/developer/1478649080) | [Pennylane](https://appshunter.io/developer/1574490314) |

## What reviewers say

### Memo Bank Authenticator

[App page](https://appshunter.io/ios/app/memo-bank-authenticator/id1500599670)

This app securely verifies your identity and approves sensitive financial transactions for your account. It's required for accessing your online banking and authorizing actions like logins, password changes, and transfers.

**Highlights:** Account verification, Transaction authorization, Login approval, Password change approval, Wire transfer approval, Beneficiary addition approval, Touch ID/Face ID security

**Features:** Apple Wallet

**In-app purchases:** none


### Pennylane

[App page](https://appshunter.io/ios/app/pennylane/id1574490312)

Manage your business finances, accounting, and banking in one integrated platform. Streamline invoicing, track expenses, analyze performance, and collaborate with your accountant.

**Highlights:** Integrated business account, Purchase and sales management, Performance analysis, Invoice management, Collaboration with accountants, Over 300 integrations

**Features:** Apple Wallet, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is Memo Bank Authenticator free?

Memo Bank Authenticator is free to download, with no in-app purchases.

### Is Pennylane free?

Pennylane is free to download, with no in-app purchases.

### Do Memo Bank Authenticator or Pennylane have ads?

Neither Memo Bank Authenticator nor Pennylane shows ads.

### Which is updated more often, Memo Bank Authenticator or Pennylane?

Memo Bank Authenticator ships an update every 3 months, and Pennylane weekly. Most recently, Memo Bank Authenticator was updated on June 19, 2026 and Pennylane on September 23, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*